Cryptosport

@cryptosport

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A rather interesting growth signal has appeared for altcoins. The altcoin dominance index has reached its historical support level. Earlier, it was from the current levels that there was a significant overflow of liquidity from VTS. It did not even matter whether bitcoin was growing or falling. Of course, this level does not guarantee the beginning of the altcoin season. But historically it has become a trigger for growth, and this scenario may well repeat itself

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Whales are not in a hurry to sell BTC yet Large holders of bitcoin (so-called whales) are not in a hurry to fix their profits yet. Judging by their behavior, they are waiting for higher prices - perhaps until the market overheats. The activity of big players on major exchanges Binance, Bybit and Coinbase is surprising. Usually, when bitcoin approaches its peak, whales send coins en masse to the exchanges to sell. For example, in May 2024, when the price rose, more than $5.6 billion flowed into exchanges. The next peaks were $8.6 billion and $7.3 billion. After such inflows, the market usually rolls back down for a short to medium period of time. Bitcoin is now trading around $107,200, up 15.6% from the beginning of the year.

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ADA Looks Potentially Short The stock is showing weakness and systematic decline within the descending triangle. We have consolidated under the moving MA50 and MA200. There is practically no trading volume and the cloud at 4hTf has inverted, the situation continues to gain negative momentum. I do not think that anything will change in the near future and I am waiting for further corrective dynamics. Targets: $0.6302-$0.5857-$0.5419. Stop: 0.7044$

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"There will be no altcoin season" are the top posts and comments from people on crypto right now. And the fact that more than 50 applications for funds on various altcoins are now in the U.S. Securities and Exchange Commission, everyone has forgotten. And if BlackRock has submitted such an application, it will be approved with a 99% probability. Everybody forgot about that, too. The most important thing now is to wait for the main big movement on violas. It could start as early as summer, it could start later in the year. It could be 2026. We don't know the exact time. But markets are preparing for this movement. And the longer they prepare, the stronger the growth is expected.

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I expect the market to continue growing with some corrections and sideways. The market grew - rolled back a little, stood in a sidewall - then grew again. And so it will continue for some time. Then the galloping growth, which we are waiting for, will start abruptly, perhaps lightning fast and unexpectedly. The time limit for approving funds for alts is fall 2025. The Fed is projected to start cutting rates in summer-fall 2025. (Recently there was very good data on inflation in the U.S., it was below forecasts). Autumn is a benchmark for us to take profits on alts. Therefore, I think the hardest and most difficult part is behind us. The end of the cycle and the main profits are ahead.

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WLD I am considering shorting I am trying to catch a local decline in viola due to the negative market dynamics, but be careful as the market is difficult now. The coin broke through the moving MA50, and trading volumes, which were already low, started to decline even more. While the market looks shorted and it is possible to take advantage of it, I am waiting for a push to the support at 0.9127$. Targets: $1.0997 - $1.0168 - $0.9127. Stop: $1.2715

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Bitcoin lost two percent of its dominance, and altcoins revived very well. Ether to bitcoin grew by 26%. Altseason technically can be considered fixation of bitcoin dominance below the ascending channel (below the value of 60%). But even without this, there is still about 3% downside potential for the dominance index. For alts, it could be another 30-40% increase

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BTS is on track, 100k has already been touched. Let me remind you that in May I expect at least $105,000. The key resistance is already behind us, there is nothing significant holding bitcoin at the top.

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BTC Asset went below $95.000 after all The stock showed downward movement and went into the range of $92.000$ - $95.000$, but I do not think that we will break its lower boundary. I expect the growth to continue, so I assume that the drawdown will be maximum up to the support at $92.000, and then a rebound will follow and the growth will continue. I doubt that we will see a strong pressure from the seller, I think that the buyer will continue to be active and move the price to long. But we will watch and see what happens.

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Correlation of BTC with M2 indicates continued growth In December, the correlation of BTC with the M2 monetary aggregator pointed to an upcoming correction, which eventually occurred. Now this tool indicates a probable growth of bitcoin within a 90-day lag from M2 It is certainly not worth focusing solely on this data, but as one of the possible reasons indicating further movement of BTC can be considered.

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Bitcoin continues to be below the aggregate average breakeven price of short-term investors. That value is now at ~$91,000. In fact, this is a standard takeout of the sticking crowd of longists, without which the bullrun cannot continue. This situation always happened in bull cycles and took about 2-3 months, we have only one and a half months now. The main signal of the bull market resumption will be the price fixation above this value. However, this level is important not only fundamentally, but also technically. Bitcoin's confident consolidation above $90000 will mean breaking through all key resistances. Waiting for

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SEI Can be considered to buy on spot The asset came to the support at $0.1515, which safely managed to keep the price from further drawdown and is attractive for taking positions. We see a slight increase in trading volumes, which symbolizes the interest from the buyer's side. The market is difficult now, but in the medium term it is possible to buy on 1% of your deposit. I would advise to leave half of the funds allocated to the asset for buyback, so that there is a possibility of catching up in case of drawdown, and I see the last local maximum as a potential for growth. Targets: $0.3622 - $0.5420 - $0.7074

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ATOM is worth considering on the spot The asset has formed a nice accumulation area in the $4-$5 range, which is holding the price down nicely for now. Yes the project is going through bad times, but still remains quite attractive from a fundamental point of view. From the current can be taken on a small part of the funds, 0.5% - 1% of your deposit. I see a growth potential of 100% - 150% net movement. Targets: 6.4$ - 8.6$ - 10.5$

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First quarter of 2025 According to the results of the first quarter of 2025, we see a 12% drawdown in bitcoin, which is not a bad result in general and not critical. But for ether, the situation is much sadder, the result amounted to -45%, which is the worst result since 2018. However, I see only positive in this, as now is the best time to buy ETH, because its price is extremely pleasant to buy, and its potential is huge. As for bitcoin and ether, I remain optimistic and expect these assets to reach new heights this year, so I advise you to leave panic behind.

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ETH In good accumulation. The asset is extremely weak now, I don't even remember such a thing and is on the verge of falling to $1500. I quite admit this scenario and do not see anything critical in it, but I advise you to put immediately a limit in the area of $1550 to buy. If we get this price in 2025 - consider it a gift, as most likely it will not happen and the asset will continue the current accumulation with a potential exit to 4000$, but whether it will be able to go higher and update ATH is extremely difficult to say. At the moment I think ETH is still one of the strongest assets on the market. We continue to keep an eye on it.

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BTC Shows weak dynamics As I supposed, the asset got into the trading in the range of $78,000 - $85,000, which can be very long + the weekend is ahead, during which we are unlikely to get out of this area. Locally, I am waiting for a squeeze to the upper boundary with a subsequent rebound, as now it is unlikely to exit to either side. BTC dominance is declining, the indicator is at 61.71%, but it does not change anything, alta is still suffering, and we are unlikely to see a full-fledged unloading of dominance in the near future.

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Is it worth selling crypto? There's no alt season? Could crypto be a scam? The fear index is at extremes right now, and these are the kinds of statements we should expect at this level. At the same time, the same people during the market euphoria will write this: Should we buy coins now? Crypto is now going to grow steadily. Bitcoin is going for a million dollars. I'm going to get rich off alts. The crowd always acts the opposite of what needs to be done. At this point, the worst thing to do is sell coins. But that's the worst thing I'm getting mass-mailed about. What is important now is that we took a position in coins before the alt season started and now we just need to hold that position, plus we can buy coins. JUST WAITING AND HOLDING COINS IS THE HARDEST PART FOR MANY PEOPLE. Funds and whales are not selling coins, but on the contrary only increased purchases of the same etherium.

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BTC/USD. Three arguments The decline is over, I will share my observations. We got a powerful lunge at 96100$, and consequently a clear longing target for the near future. On the price chart we see a long-tailed doji, a clear bullish candlestick pattern. Record low RSI on 1D, the last time it reached such values in August 2023. Bitcoin is powerfully oversold. I want to make a simple conclusion - a bounce to 96100$ is the most probable scenario now. Whether it will be V-shaped or W-shaped is hard to say yet. The nearest support in case of further decline is the mirror level of 73K$.

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The first Solana ETFs are registered with DTCC (Depository Trust & Clearing Corporation) - an important step towards the approval of Solana ETFs in the US

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AVAX Looking to short. The asset still has a correction potential of about 15% - 20%, and there is practically no buyer activity. The breakdown of the moving MA50 is very likely to be false and we will soon return below it. Trading volumes are extremely low, so I am inclined to continue the decline and wait for a squeeze to the $20 level. Targets: $23.555-$22.105-$20.040. Stop: $27.545

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